HR 990
114th Congress
House
Taxation
Commuting
Employee benefits and pensions
Income tax exclusion
Inflation and prices
Pedestrians and bicycling
Public transit
Transportation costs
Commuter Parity Act of 2015
Introduced: February 13, 2015
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2015
Referred to the House Committee on Ways and Means.
Feb 13, 2015
Introduced in House
Plain-English summary
Commuter Parity Act of 2015
Amends the Internal Revenue Code to modify the exclusion from gross income, for income tax purposes, of certain transportation benefits provided by an employer to an employee, including cash reimbursements for such benefits, to allow a monthly exclusion amount of: (1) $235 for transportation in a commuter highway vehicle from home to work and any transit pass, (2) $235 for qualified parking, and (3) $35 for qualified bicycle commuting reimbursement. Allows an annual cost-of-living adjustment to such exclusion amounts after 2016.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1